SOURCE: Global Realty Development Corporation

February 07, 2007 06:50 ET


CORAL SPRINGS, FL -- (MARKET WIRE) -- February 7, 2007 --

CORAL SPRINGS, FL--Feb 7, 2007 -- MJD Films, a subsidiary of Global Realty Development Corporation, (OTCBB: GRLY) today announced the execution of a three year international joint marketing venture with partner companies MOWIS/DIMOCO based in Vienna, Austria. The agreement gives MJD significant access to the European premium SMS/MMS text messaging market. The companies plan to release a series of campaigns over the next several months aimed at growing revenues from this large and fast growing market. MOWIS/DIMOCO have a significant presence in the Central European market and are rapidly expanding to other territories.

"With direct links to all network operators and our technological innovations we offer our customers the solutions that assists in their business growth," said Roland Tauchner, DIMOCO Chief Executive. "We focus on employing technically skilled staff members and a highly trained support team to ensure the continuing development of DIMOCO services."

MOWIS and its partner company DIMOCO have a strong established base both in the TV and Film industry and the mobile marketing technology space. Both companies were founded with a focus on developing specific applications that could be used with mobile telephone technology. The companies signed a marketing partnership in 2006 to attack the Media marketplace in Europe.

"We look forward to the opportunity to develop the European marketplace in partnership with MJD Films" said Adrian G. Goldfarb, MOWIS senior vice-president for international business. Continuing, he said "MJD Films is taking a very aggressive approach to growing their Premium SMS business and we are very happy that they have chosen to work with us for their European ventures."

Roy Sciacca, President of MJD stated, "We are pleased to have selected DIMOCO who was one of the leaders in world ticket sales through mobile telephones in 2006. DIMOCO has established distribution through television and major retailers for our SMS text messaging campaigns. We hope that DIMOCO will be able to provide additional net income streams from their Central European markets for our text messaging campaigns. SMS and MMS messaging campaigns are the next wave of entertainment and brand marketing," stated Roy Sciacca. "The launch of MJD SMS enables us to garner early exposure for films, television shows and give-away campaigns for major brand name advertisers through one of the most direct channels in marketing -mobile phone screens."

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About MOWIS Mobile World Information Systems GmbH:

MOWIS, based in Lenzing, Austria was founded in 2002 as a mobile technology information systems company. Its early focus was on mobile applications of weather technology including sever weather warnings delivered to subscribers using SMS text messaging. It is currently involved in a number of mobile technology development partnerships including in-vehicle telematics.

About DIMOCO Direct Mobile Communications GmbH:

Based in Vienna, Austria, DIMOCO, the Direct Mobile Communications Company was founded in 2000 as a mobile marketing business. DIMOCO is one of the leading full service mobile solutions providers throughout the German-speaking and Eastern European regions. DIMOCO develops and markets key technologies for mobile communications including Mobile Marketing, Mobile Messaging, and Payment Solutions. DIMOCO operates in a market that is driven by innovation. Technical expertise is at the forefront of DIMOCO's business, along with a wide range of applications and a reliable network infrastructure.


MJD's full service text message marketing division, MJD SMS provides turnkey solutions for text messaging campaigns for both SMS and MMS applications. MJD SMS can also provide gross income per text to major television networks, television shows and network advertisers who provide content and/or mass marketing exposure for SMS campaigns. MJD SMS can also provide gross income per text to major web portals for mass marketing exposure. MJD SMS turnkey solutions and mass marketing capabilities can also be outsourced to major film studios, independent movie producers, broadband content providers and advertising clients for their text messaging campaigns.

MJD SMS is working with various potential joint venture partners to provide the next generation of SMS/MMS, including linguistics recognition, content streaming, G5 technology, voice recognition and various interactive capabilities. The first MJD SMS endeavor was a one-of-a-kind text messaging-based campaign called, "Text Your Way to Stardom." The campaign offers the chance to win a feature role in MJD's upcoming film, "The Devil Exists" or a track on the soundtrack for the film.

About Global Realty Development Corp.

Global Realty Development Corp. (OTCBB: GRLY) is an international land development company operating through various real estate development subsidiaries. Global acquired MJD Films and the majority interest in the TFM Group and is focused on pursuing opportunities in the entertainment and gaming industry.

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Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of GLOBAL officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future GLOBAL actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and GLOBAL has no specific intention to update these statements.


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